Market Intelligence · MT / Billings

Billings, MT 59101 Housing Market

The typical home value in Billings, MT 59101 is $333,276, up 2.9% over the past year. Sellers are listing at a median price of $420,000, and homes are spending a median of 44 days on the market. As of 2026-08-01, there are 132 homes for sale.

Updated August 2026Median value$333K

The median home value in Billings, MT 59101 is $333K as of August 2026, up 2.9% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 59101 range

$307K to $360K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+2.9% over 12 months

Typical home value in 59101 over the last 12 months: $324K in Aug 2025 to $333K in Aug 2026 (+2.9%).

Aug 2025$324K

Aug 2026$333K

The numbers

What is the 59101 housing market like?

Typical home value

$333K

Up2.9%YoY

Median list price

$420K

Down2.8%MoM

Days on market

44

Up15.8%MoM

Homes for sale

132

Up2.3%MoM

Price cuts

21.3%

Up10.7%MoM

New listings

44

Down24.1%MoM

Sources · Zillow ZHVI (August 2026) / Realtor.com (August 2026) / FRED (September 2026)

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The comparison

How do 59101 home prices compare?

  • 59101$333,276
  • Billings$400,794
  • Montana$430,784
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Billings: 4 ZIPs; Montana: 232 ZIPs; United States: 26,265 ZIPs).

Context

Home values in 59101 are moving in the right direction for sellers, with the typical value at $333,276 and up 2.9% over the past year. There are 132 homes for sale and 44 new listings, so buyers have some options. The median list price is $420,000, which sits well above the typical home value, and homes are taking a median of 44 days to sell. About 21.3% of listings have had a price cut. For a seller, the takeaway is simple: pricing accurately from the start matters more than optimism.

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